Month: February 2018

The Ciocca Office of Entrepreneurial Studies held the Shark Tank Competition on February 22, 2018.

Intensity was in the air last night as Holy Cross held its annual Shark Tank competition in Hogan Suite A. This year the competition was fierce among nine teams pitching for seed money (about $1,000) with just three minutes to pitch, or venture money (over $10,000) with five minutes to pitch. After each presentation the judges had time to ask a few questions before heading to a private room to deliberate. While waiting, the audience got the chance to vote for a new category, the People’s Choice Award. The contestants waited anxiously as the room filled with fellow Holy Cross students and alum. Around 8pm the judges returned with three oversized checks in hand… Check out photos from the event HERE.
Winners:

$5,000: Dillon Carmichael ‘18 pitched Redefining Black Masculinity, a platform for those actively redefining black masculine identity. Dillon said “the event is intimidating and inspiring. To see different people come with such great ideas and motivations makes you want to improve and keep on doing better. Hearing some people go before me almost disuaded me from giving my pitch, but once those jitters settled, it served as additional fuel for my fire. It’s competitive, but a healthy competitive because it comes from a place of genuine passion. Winning still comes as a surprise, but I am beyond grateful that I did and had the opportunity to share my idea with everyone at the event.”

$5,000: Riley Benner ‘20 launched a bespoke men’s fashion line produced by refugees for his company Phoenix Haberdashery. Riley commented “Holy Cross’ Annual Shark Tank was a really unique experience. It’s not often that you get the opportunity to share a night with other aspiring entrepreneurs and get to see the wide range of projects that they’re working on. We have a great community of support here on the Hill, especially from Ja-Nae and Professor Chu and many faculty members, but I think the most rewarding support that we can receive is from our peers who are all just trying to make their dream ideas into reality. Winning the competition was an honor, and it’s a reminder for me to keep working towards fulfilling the mission of Phoenix Haberdashery, because the judges clearly believed in that mission. It’s a wonderful affirmation of the hard work that my team and I have been putting in for the past 6 months, and we’re excited to use the money we received to further that mission.”

$2,500: Brad Ross ‘18 wants to improve goal accuracy for soccer players with his idea Scopum. Brad commented “The Shark Tank event is a really fun and exciting way to engage the entrepreneurial side in all of us. The prospect of pitching in front of judges with incredible backgrounds and experience while competing for real cash prizes allowed us to think as true entrepreneurs. This coincides with the exciting new entrepreneurship program at Holy Cross that provides us as students a platform to truly find our entrepreneurial spirit and bring it out the right way. Thinking about not only specific projects or ideas, but also the market opportunities, business plans, and go-to-market strategies that are necessary to consider in the real world.”

$1,140: Christina Nee ‘19 is interested in upcycling food waste to make delicious treats with her company named Top Banana. Christina wants to say “Thank you to everyone involved last night! I’m so excited to be able to pursue a business that will help combat food waste!”

$100: Hawar Haddadi ‘19 and Michael Lyons ‘19 won the People’s Choice Award for their idea, The Device Doctors. This company is a door-to-door phone repair service for campuses, starting with the College of the Holy Cross. Hawar commented “The event really brought to light the competitive nature of the entrepreneurial world. Everyone really came with their A-game and it was clear that everyone was extremely passionate about their idea. It was great to see such a high level of competition and excitement from Holy Cross students. I had a blast presenting and we received some really awesome feedback on how we should advance with our business!”

Thank you to our runners-up:

Anthony Saltarelli ‘18 presented his mobile app, The Networking Assistant, a tool to help students organize their network.

Nate Chung ‘18 launched a mobile app named EchoMe that enables users to live broadcast music and listen together in real-time, regardless of geographic location.

Michael Lowther ’18 pitched Undercover Difference Makers, an online platform to highlight those making a difference in the world.

Special thanks to our judges:

Stacy Chin ’12, CEO & Co-founder, HydroGlyde Coatings

Prof. Daniel Klinghard, Director, J.D. Power Center, Holy Cross

Tyler Scionti ’15, Product Expert, Hubspot

Thank you to Ja-Nae Duane, EIR, and Ben Lodge ’18 for making this event a true success. Looking forward to next year and hearing about all the incredible ideas the next group of Holy Cross students have!

Have you seen the show Shark Tank? Did you know we had our own version of it here at Holy Cross? YES! It’s run by the Entrepreneur-in-Residence, Ja-Nae Duane, where current students will pitch their ideas to a panel of alumni judges for real money. Don’t want to compete? Come watch the show!

The annual competition will be held on Thursday, February 22 from 6-8pm in Hogan Suite A …followed by an alumni networking event! Stay tuned to see who the alumni judges will be.

>> Want to compete? Join us for a prep session held on:Monday, February 5 and Monday, February 12 at 6PM in Stein 216. *Must attend one prep session to compete.

MORE INFO: Meet with Ja-Nae via Google Hangout or stop by the new co-working space in Stein 129C.

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UPDATE: Interested in who will be on the judging panel this year? Come to the event to meet them and mingle during the networking hour with a number of alumni entrepreneurs!